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Rental Insights for ZIP Code 66046 (Lawrence, KS)

Housing Rentals in ZIP Code 66046 (Lawrence, KS)

66046 ZIP Code in Kansas

A Detailed Housing Rental Snapshot of the ZIP Code 66046

ZIP Code 66046 is principally located in Lawrence, KS in Douglas County. This region of Kansas has a median housing rent payment of $850 per month. About 52.8% of housing units in this Douglas County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 4.6%.

The median rent in ZIP Code 66046 of $850 per month is 0% lower than the aggregate Kansas median monthly rent of $850, and is 20% lower than the $1,062 the median monthly rent in the U.S. overall. About 60.3% of residents in ZIP Code 66046 pay between $500 and $999 per month for rent. That is 11% higher than in Kansas overall, in which 54.2% of total state residents pay between $500 and $999 per month for housing. Just 1.6% of renters in this Lawrence, KS region pay between $2,000 and $2,499 per month for rent.

ZIP Code 66046 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 66046

See the chart below for a comparison of monthly rental costs in ZIP Code 66046, Kansas, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 66046 along with those in the state of Kansas and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 66046

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 66046 Kansas U.S.
Less than $500 3.3% 12.3% 9.4%
$500 to $999 60.3% 54.2% 36.2%
$1,000 to $1,499 32.7% 25.4% 30.0%
$1,500 to $1,999 2.0% 5.7% 14.0%
$2,000 to $2,499 1.6% 1.4% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.7% 2.4%

Rent Cost vs. Income in ZIP Code 66046

Renters in ZIP Code 66046 use an estimated 31.47% of their income to cover their monthly rent payments. That is about 12% higher than in Kansas overall. The estimate for Kansas overall is 28.17% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 66046 renters use about 5% more of their income to cover rent expense. Household income figures for ZIP Code 66046 come in lower than in Kansas as a whole. The median annual household income in ZIP Code 66046 of $44,816 sits approximately 25% lower than the overall Kansas median income of $59,597 and approximately 29% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 66046

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 66046, Kansas, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 66046 along with the same calculations in the state of Kansas and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 66046

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 66046 Kansas U.S.
Less than 15.0 percent 8.3% 15.9% 13.1%
15.0 to 19.9 percent 9.4% 15.1% 12.9%
20.0 to 24.9 percent 15.8% 13.7% 12.9%
25.0 to 29.9 percent 12.1% 11.8% 11.6%
30.0 to 34.9 percent 10.1% 8.8% 9.1%
35.0 percent or more 44.3% 34.7% 40.5%

Household Income in ZIP Code 66046

See the table below for the regional comparison of annual household income in ZIP Code 66046.

Income ZIP 66046 Kansas U.S.
Less than $10,000 10.6% 5.6% 6.0%
$10,000 to $14,999 3.7% 4.1% 4.3%
$15,000 to $24,999 10.4% 9.0% 8.9%
$25,000 to $34,999 14.5% 9.7% 8.9%
$35,000 to $49,999 15.1% 13.7% 12.3%
$50,000 to $74,999 19.4% 18.8% 17.2%
$75,000 to $99,999 12.1% 13.4% 12.7%
$100,000 to $149,999 10.0% 14.8% 15.1%
$150,000 to $199,999 2.6% 5.7% 6.8%
$200,000 or more 1.5% 5.3% 7.7%

Household Income in ZIP Code 66046

See the chart below for a comparison of annual household income figures in ZIP Code 66046, Kansas, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 66046 alongside the same figures for the state of Kansas and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 66046

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 66046.

ZIP 66046 Kansas U.S.
Median Housing Rent $850 $850 $1,062
Renter-Occupied Housing Units 52.8% 33.7% 36.0%
Rental Vacancy Rate 4.6% 7.8% 6.0%
Average Size of Renter-Occupied Unit 2.15 2.27 2.49
Average # of Bedrooms Per Unit 2.55 2.88 2.75
Percent of Income Spent on Rent 31.47% 28.17% 29.83%
Per Capita Income $25,055 $31,814 $34,103
Median Household Income $57,797 $80,009 $88,607
Living Below the Poverty Line 10.5% 7.8% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 66046

In ZIP Code 66046 (Lawrence, KS), and estimated 52.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.6%.

The per capita income in 66046 is estimated at $25,055, which goes along with an estimated median household income of $57,797. About 10.5% of residents in this Douglas County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.15 occupants, while the units have an aggregate average size of 2.55 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 31.47% of their income on housing rental costs.

Rental FAQs for ZIP Code 66046

1

What is the median monthly rent in ZIP Code 66046?

Median rent for housing in ZIP Code 66046 in Douglas County in Kansas is approximately $850 per month.
2

Is it expensive to rent in ZIP Code 66046?

Rent in ZIP Code 66046 is lower than average in the state of Kansas overall. The median monthly rent of $850 in ZIP Code 66046 is approximately 0% lower than the Kansas median of $850. Additionally, median rent in this Lawrence, KS region ($850) is about 20% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 66046?

High-priced rentals are not common in the Lawrence, KS ZIP Code of 66046, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Kansas overall, approximately 0.7% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 66046?

Affordable rentals are less common in ZIP Code 66046 than in Kansas overall. The percentage of housing rentals in ZIP Code 66046 costing $999 or less per month (63.6%) is approximately 4% lower than the Kansas rate of 66.5% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 39% lower than the previously mentioned 66046 rate of 63.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 66046?

The most common range for rental cost in ZIP Code 66046 is between $500 and $999 per month. About 60.3% of renters in 66046 pay in this range for monthly rent. In comparison, approximately 54.2% of renters in the state of Kansas fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 66046 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 66046 is lower than the rental vacancy rate in the state of Kansas overall. Rental vacancy of 4.6% in ZIP Code 66046 is about 41% lower than the Kansas rate of 7.8%. Looking more broadly, rental vacancy in this Lawrence, KS region (4.6%) is an estimated 23% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 66046? How does it compare to other Kansas regions?

Median household income in ZIP Code 66046 is lower than in the state of Kansas overall. Annual household income of $44,816 in ZIP Code 66046 is about 25% lower than the Kansas median of $59,597. Additionally, median household income in this Lawrence, KS region ($44,816) is approximately 29% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 66046 spend on housing costs?

Renters in ZIP Code 66046 spend a higher amount of their income on rent costs than do renters in Kansas overall. Renters in ZIP Code 66046 spend an estimated 31.47% of their income on rent payments, which is about 12% higher than the overall Kansas estimated rate of 28.17%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 5% lower than the ZIP Code 66046 estimated rate of 31.47%.
9

Do renters in ZIP Code 66046 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 66046 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 66046 spending 30 percent or more of their income on rent costs (54.4%) is approximately 25% higher than the Kansas rate of 43.5% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 10% lower than the aforementioned 66046 rate of 54.4%.
10

What is the average household size of renter-occupied units in ZIP Code 66046?

The average household size of renter-occupied units in ZIP Code 66046 is lower than in the state of Kansas overall. Annual household size of 2.15 in ZIP Code 66046 is about 5% lower than the Kansas median of 2.27. Additionally, median household size in this Lawrence, KS region (2.15) is approximately 14% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Kansas ZIP Codes